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Search Results 0 to 49 of about 176 (some duplicates have been removed)
, brought to you as a public service by your television provider. >> a look now at technology and entrepreneurship from a recent conference in detroit held at wayne state university. speakers include aol founder steve case, tim draper. former u.s. chief information officer. this is about two hours. >> thank you so much for getting us started. thank you all for being here. it's really exciting to finally have this thing and we. we've been working on for an awfully long time. what we do at techonomy is mostly up to now it's been sort of retreat like invitation only, leaders thing in the desert and i would really want to get our message out in the broader community, particularly in the united states where we think there's some messages that are just not sufficiently understood. and that's what you, i hope you will be hearing throughout the day today. and the message is, these events are focused on four issues. u.s. competitiveness, the future of jobs, economic growth, which is adequate to the first to come and then the revival of our cities with detroit as case study number one.
to manhattan, kansas. >> may know more about technology than a tomcat's knows about baking gingerbread. >> welcome to our viewers. israel killed the military commander of hamas and launched a series of attacks. hamas vowed in this would open the gates to hell. military action will continue. >> for the people of gaza, it looked like a war, and as in most wars, civilians are caught up in the violence. the first target today was the biggest hamas's most senior military leader was typify and -- hit by a military strike. he died instantly. hamas says this is a major provocation. good >> they will pay a price for this, because he was one of our most exceptional leaders. >> she sat at the top of the military wing. tonight israel published these images. the army released video footage of him being tracked and the moment when his car was hit. israel said the strike followed a wave of rocket attacks from gaza. >> i can just elaborate the target was to protect israeli civilians. they have been under constant rocket attacks for the last year. >> gaza is expected to face more casualties, among them
president doesn't understand when you invest like that in one company makes a harder for technology generally because other entrepreneurs of the same field their opportunity to get capital. who wants to put money into a solar capital -- company when the government picked one of their choice? excellent question. i wrote the book we're spending about $12 billion per year to make electricity more expensive. that it is 6 billion of tax breaks and direct and chairs. this makes no sense in hers low income americans. we brainwashed children toothache greed it is good to think about green products and jobs that yet to we cannot define what a green job it is. that has five definitions of the green job as a discounted. energy from renewable sources. energy efficiency. energy pollution reduction in removal. natural resource conservation. environmental compliance education and training and public awareness. when i was testifying on capitol hill, they had a paper cup in front of me. most the time it it is just a bottle of water. it said architect of the capital and power to save energy on the ot
points, 2895. technology among the weaker sectors today. the s&p 500 gave up 17 points at 1377. we are ending tonight certainly at the lows of the day. we've been seeing drastic moves in equities the last couple days. we're down 450 points total since yesterday morning. peter anderson says we're adjusting to election news. while we could see steep changes on a daily basis from now until year end, he expects the market to firm up by then. peter joins me now along with ben pace, jim key from south texas money management, and our own rick santelli. gentlemen, nice to have you on the program. thanks for joining us. >> thank you. >> how do you navigate this, peter anderson? you have a market that keeps losing steam. you have uncertainty knowing we're not going to know tax rates. certainly until we get information on the fiscal cliff. we're waiting on that. once again, we find ourselves in a holding period. what do you do? >> well, you know, i think that quality is just totally masked right now by volatility. as we get closer to january, it's a beautiful thing. what we will start seeing
. down 60 points on the dow industrial average. nasdaq composite, weaker by 20 points. technology one of the laggards here today at 2883. the s&p 500 tonight gave up five points at 1374. we are moments away from quarterly earn from cisco. the company is expected to report a profit for the first quarter of 46 cents a share and revenue of $11.77 billion. let's get to today's market action as we await the numbers. good to see everybody. thanks for joining us. carol, what are you expecting in 2013 under president obama's policies? >> i'm not expecting anything very good, maria. i think that we're going to end up with some sort of a slow down. i think whatever the compromise that ends up being made under this grand bargain, it's going to be something that ends up hurting unemployment. that being said, i think there's always a tale of two markets. from a broader market standpoint, i expect the market to be hurting. there's always opportunities to be had. >> steve, you have some breaking news earlier. you reported on janet yellen. tell us what that says about where we're headed in terms of e
your hearing aid do all this? lyric can. to learn more about lyric's advanced technology, call or visit trylyric.com for a risk--free 30--day trial offer. you'll also get a free informational dvd and brochure. why wait? hear today what a little lyric cacan do for you. lyric from phonak. life is on. stuart: the news background to today, number one story, not necessarily in terms of importance but china on this the very day when the new number one takes over there. his name is xipang. impressive numbers china expanding again. item two, greece. they want more money, yep, they want more and they want more time to pay back the already enormous debt. riots continue. seconds from the opening bell. right now esee features will be down green. this market is opening lower again. we're down 434 points the past few days. it is the obama selloff. and it will continue when the market opens. it is open and the opening trend is down again. we're expecting it down 50, to 70 points in the first couple minutes of business. analysts are concerned at production of apple. some of these concerns have eased. t
technology company. certainly when you think about silicon valley and companies that have hit hard times. very view come through it and re-emerge. apple is one that we can all remember having done that. ibm. although not a silicon valley company but technology company. most recently perhaps ebay in a significant decline but i spoke to john at length on friday and it appears they have brought around their marketplace business in addition to continue strong growth at the paypal unit. it's difficult to do. when you come back to yahoo! you have to wonder how do they do it? >> is there an act two? cisco tonight almost every analyst on the street said they're going to miss. >> universal in both miss and then the guidance is going to be negative. david, when you spoke with stevenson, didn't you get the sense that the companies are done spending on anything other than amd on towers? >> they got to spend. you know, stevenson was very outspoken in saying fiscal cliff. we're not spending but we are. we're deciding to spend $14 billion over the next three years. they absolutely have to in order to c
practice. muni -- okay. f7. muni fails to fully implement technological improvements. muni says -- they give us a list -- muni gave us a list of improvements that are under way. they say these will reduce the need for switchbacks. the jury answers, "the jury appreciates the efforts being made. we are glad some of these are partially accomplished and others coming in the future. many systems we interviewed had these technologys in place. we would like muni to have a sense of urgency about the improvements and concerned about the term "under way" and completion dates that are years away" . on f8 which concerns a new control center lacking adequate operating personnel and f9 muni has failed to conduct and publish rider survey and muni agreed with both of these findings. as far as the recommendations, the first recommendation is to eliminate switchbacks except when unavoidable. muni disagrees with the recommendation reasserting that switch backs are valid and necessary given the operating environment. they have worked on reducing the switchbacks and keeping the public informe
the parched lands of the sahel and congo, technology is transforming things. everything is speeding up. everything is opening up. now, if i can talk about something i actually know about for a moment. this feeling reminds me a little bit, maybe more than a little bit of the arrival of punk rock in the mid 1970's. you see, the clash were the very base of the rock and roll pyramid and overnight gave the finger to the dreadful business, the lurgy at the time that was at the top of the pyramid. it was called progressive rock. epic lyrics, no hooks, no -- great reviews. [laughter] punk bands made no reference of being worthy of the audience. if you want to play, great, grab a guitar and you're in. the clash were like a public service announcement with guitars, and they gave youtube the idea that social activism could make for a very musical riot. so i'd just like to point out that none of your professors, not a single one, not ever has ever drawn or is likely to draw the connection between the arab spring and the clash. just a little intermission. [applause] and ok. sharpen your pencils. i
a major, new bold investment program, going into a new market, expanding a new technology, ect., you are worried about what the tax rate will be when that's generates cash in nine years. the best thing to do is create a lower rate, an expectation that there's not giant tax increases later. >> i agree with that. i think we should do in, but, a, you know we have the highest statutory right and no higher than average effective rates because we have the narrowest base of owl corporate income in the world. >> yeah. >> one of the reasons we have that system is because people like us argued for many years that the more efficient thing, the more, the better way to encourage investment was not to cut the corporate rate, but to have massively accelerated depreciation, expansion of investment, focusing on incentives rather than cutting the rate overall. i think the intuition is changing, but the way we're going it cut the rate is not by closing loopholes, but come out a painful expansions of the base like getting rid of accelerated depreciation and things which have a value so i think -- >> is
&p 500 fell further below the 200 day moving average. technology and financials were the worst performing s&p sectors. palladium and platinum pushed higher at report ed reports of y deficits boosted both metals. jumping nearly 5% while platinum added more than 1%, gold going the other direction and in the day lower falling more than $6. and small business owners remain cautious in october ahead of the presidential election. saying the optimism index rose slightly last month claiming 93.1, while just 4% of those surveyed said they plan to hire. we have the cme trader in the pits of the cme. telling us another downturn is ahead, and says a recession is on the horizon. todd, you say the technicals indicate that we should be going even lower than we have today. why so? >> good afternoon, david. we are now in a technical pattern with lower highs and lower lows. another indication of why we would want it to go lower here. in lower moves we can expect bounces like we had today. i would think any rally we see in the next couple of days will be gladly hauled into. based on the technicals of the ma
technology in our store to really show the customers what's going on with their bodies. you can see a little more pressure in the shoulders and in the hips. ... now you can feel what happens as we raise your sleep number settingnd allow the bed to contour to your individual shape. oh, wow. that feels really good. at sleep number we've created a collection of innovations dedicated to individualizing your comfort. the sleep number collection, designed around the innovative sleep number bed - a bed with dualair technology that allows you to adjust to the exact comfort your body needs. each of your bodies. so whatever you feel like, sleep number's going to provide it for you. duri the final days of our semi-annual sleep sale, save $500 on our classic series special edition bed set plus special financing on selected beds but hurry sale ends sunday. 400 stores, where queen mattresses start at just $699. why they're always there to talk. i love you, james. don't you love me? i'm a robot. i know. i know you're a robot! but there's more in you than just circuits and wires! uhhh. (cries) a machine can
after a case in texas finding the technology infringed on four patents. a half of the company had sought. apple may appeal the decision. it comes a day after a lawsuit against motorola tossed out by a judge apple stock up 20% in the last week weeks. stocks went into a big selloff today. europe's debt crisis making news. and of course tech shares faring into better. your bloomberg silicon valley index closed lower today. at and t making a huge investment to expand and going to spend 14dzs billion over three years to expand this network as well as wire service. at and t says that going to bring to it $300 million by the end of 2013 opening up a number of new opportunities. and the biggest video game company in the world says it's going to expect a big increase in sales. third quarter sales probably 53% acit vision looking for a big debut coming on november 13th. voters voted to change the way payroll taxes are made. measure e backed by ron conway. unless they pay taxes based on total growth receipts. companies have big payrolls before big revenues so at bloomberg studios i'm cory johnson w
working on that. >> and you've been traveling a lot. i know technology has been important as well. i want to get to that in a moment. you mentioned the fiscal cliff. let's stay there for a moment. what are the implications of going over the fiscal cliff. you've been vocal on this subject. you created a task force. you've take an lead in terms of fixing the debt. what are the implications of going off that fiscal cliff? >> let's separate the two. jpmorgan is one of a couple hundred companies getting involved in fix the debt. it's everybody. there's the long run. so fix the debt is more like a simpson-bowles solution. we need a solution. business generally has been supportive of a solution that fixes the problem. we just want a rational, thoughtful solution. the immediate one is this cliff, which is december 31st, midnight, $600 billion. a static analysis, which says the economy dropped by 3 or 4%. the world isn't static. before december 31st, you might see the effects. also, it might be worse than 300%. as people react and try to protect themselves from a possible impending recession. >> t
that are either increasing dividends or looking to initiate dividends in this environment. technology companies will be less likely to initiate dividends in that environment where you had a higher dividend -- tax on dividend rates as opposed to capital gains. that's the scenario to watch out for. >> last word to you, quickly. >> yes. you know, the thing we have to remember is that interest rates are very low. investors right now are all about generating income. and i believe that our politicians recognize that. i believe the corporations recognize that. so you can't change your strategy just because we may be seeing a change in tax rates. >> all right. you might be giving a little too much credit to politicians, but -- >> maybe. >> -- i digress. thank you for joining us. >> in the final stretch. market just went negative. we've given up those gains and then some with the nasdaq under pressure. >> after many beaten down years, housing is red hot. we'll deconstruct whether this hal rally can continue. >>> president obama vowing to veto any fiscal cliff bill extending tax cuts for people making mo
. we'll talk technology later on but that's not the only subject. what's coming up? >> reporter: a very cool napa valley. we are very close to silicon valley, so here at napa valley ceo technology summit we'll be joined throughout the day by a number of luminaries from the technology industry. i'll be talking to john donahoe, ceo of ebay. back to you. >> french laundry, that's the key tonight. french laundry. he's smiling like he's already been. meantime, a road map starts at cross section of wall street and washington. third weeks of losses as congressional office highlights difficulties if no fiscal cliff worked out. >> jcpenney shares on sale as it posts a much bigger loss and revenue miss. concerns mounting now about whether ceo ron johnson can right this ship. >> disney shares under pressure. casually optimistic about theme park business. >> groupon, one analyst slashing his down to one. >>> the worries the president and washington lawmakers will not agree on a deal to avoid the fiscal cliff. the cbo warns if an agreement is not struck by the end. year, the u.s. economy would head
leading sonic technology brushes for a superior clean. oral-b power brushes. go to oralb.com for the latest offers. can you help me with something? nope! good talk. [ male announcer ] or free windows 8 training when you buy a computer at staples. another way staples makes it easier to upgrade. >>> all right. so, the big conversation happening in washington right now is about something which i think is misleadingly been mislabeled the fiscal cliff. it's termed by ben bernanke. >> i think we'll have a misunderstanding about what is going on. i want to take a second to set the context. it goes back to 2010. here is why i find the discussion maddening. 2010, tea party revolt, what happened? people on the right mobilized. there was a lot of backlash against obama care and there was this obsession with the debt and deficit. we are spending too much money, not taking in enough, it's going to hurt this country, we are going to get inflation, high interest rates, we will end up greece. republicans were elected. then a lame duck session. a huge conversation about how horrible the d
to the upside. housing stocks, not necessarily. you know, we like industrials. we like technology. we like global companies that are going to benefit as the global economy improves. we think the u.s. grows 2, 2 1/2% next year. the global economy grows 4% plus. cheryl: you also like the auto sector, which i think is interesting. i mean, again, those stocks have performed fairly well this year, but still gm under a lot of pressure, not where it needs to be frankly on the government's perspective anyway. >> right. we like the fact they will contribute to growth this year. whether they are the right stock and right way to play it, not so much. we like industrials generally, manufacturing as well and technology we think continues to be a very good play. cheryl: i mentioned some of the sectors that got hit last week, what do you think about defense right now? >> defense, i think, we were not playing defense big anyway. healthcare we're still concerned about for the obvious reasons, right? there's going to be a lot of pressure, a lot of constraints given what's going on in a macro sense. so, you
store, it's really not about you. we have so much technology in our store to really show the customers what's going on with their bodies. this is your body there. you can see a little more pressure in the shoulders and in the hips. ... now you can feel what happens as we raise your sleep number setting and allow the bed to contour to your individual shape. oh, wow. that feels really good. at sleep numr we've created a collection of innovations dedicated to individualizing your comfort. the sleep number collection, designed around the innovative sleep number bed - a bed with dualair technology that allows you to adjust to the exact comfort your body needs. each of your bodies. so whatever you feel like, sleep number's going to provide it for you. during our semi-annual sleep sale, save $500 on our classic series special edition bed set-but only while supplies last. sale ends soon! you'll only find the innovative sleep number bed at one of our 400 stores, where queen mattresses start at just $699. >> president obama's re-election means obamacare will stand. and now some small business ow
to 50% more than leading sonic technology brushes for a superior clean. oral-b power brushes. go to oralb.com for the latest offers. to compete on the global stage. what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ huh? you're not my dad ahhhhh!!! hey honey, back feels better, little dancing tonight, you and me? hey boy, you wanna go for a walk? dr. scholl's pro inserts with shock guard technology relieve different types of lower body pain by treating at the source so you're a whole new you. where is everybody? that's not your dad. go pro with dr. scholl's. >> sean: there is much anticipation about a period of re-evaluation for the g.o.p., with rising stars like florida senator marco rubio, encouraging the party to recognize the
holdings, marvel technology. >> i think that technology is being passed by. it is a very poorly run company. maybe the 3% yield helps it. i don't want anything to do with that stock. i would like to go to cody in michigan. cody? >> caller: boo-yah. >> wow. nice. >> i want to know what you think of ttc? >> yeah, it's a great housing play. it's a winner. i feel like it's going to continue to win. and let's go to carol in big missouri. carol? >> caller: boo-yah, jim! >> nice overtime win there, carol. what's up? >> caller: yeah, i'm wondering if you think alcoa aluminum is poised for a rebound in 2013. >> in 2013, yes. it does have tremendous tax law selling between now and year end. that is one horrible commodity that he has to deal with. it was like, you know, the copper corporation would be doing good. let's go to daniel in virginia. daniel? >> caller: yes? >> go ahead, daniel. you're up. >> caller: yep. >> you're up. >> caller: yeah, i'm wondering about ssys. >> stratus. yeah, that thing up is too much. that is a register ringer if i ever saw one. i don't want to be in a technology stock u
rushed, particularly technology companies rushed to europe. you'll see in q-1 companies saying, look, we have maintained our european. don't worry about european. if they don't say it, i think we'll sell the stocks. >> worse before it gets better was on the conference call. >> industrial production misses this ridiculous fight between the eu and imf. bank of england cutting growth outlook for the u.k. >> gdp tomorrow. it will be terrible. alco alcoa being struck because they try to close a plant. the conversation will be at the beginning of the conference call and europe -- we're managing europe down to x. european we're going to close europe. ford motor gave you an example of what will happen. we won't let europe bring our company down. latin american, asia turn turne. we won't let europe ruin us. europe will be isolated. that's what happens if you decide to go off the grid like they're doing. their major issue is carbon tax. they keep talking about carbon tax. the european, the german power company talking about having too much solar power which is bringing down and able to make money
.5%, the energy sector dropped 3.1%, and technology was under pressure again, down 2.8%. big banking stocks, bank of america and j.p. morgan, were the top losers among dow jones industrial stocks. bank of america saw heavy selling, down 7.1%. volume was very heavy with more than 285 million shares. j.p. morgan dropped 5.6% on more than double its usual volume. within the broader financial sector, investment bank morgan stanley led the losers, falling 8.6%. this is a six week low. analysts point to the threat of financial regulation, europe and the fiscal cliff for areas of concern for the financial industry. in energy, it was coal stocks driving the selling. coal shares had staged a small rally in recent weeks, showing some optimism regarding mitt romney's presidential campaign. but with president obama's re- election, coal companies sold off. arch coal was down 12.5%. alpha natural resources dropped 12.2%. peabody energy shed 9.6%. the industry may see more clean air regulations in president obama's second term, hurting demand. healthcare was also in focus today after the election. and among the
were weak, falling 1.6%. and the tech sector was down another 1.4%. technology has been particular weak in this recent market sell- off. new product launches from apple and microsoft have not been enough to erase worries about consumer and company spending on technology. the sector exchange traded tells the story-- it fell 1.4% today at a three and a half month low. internet networking gear maker cisco systems was among those leading the way lower. it fell 2.2%. cisco is due to report earnings next week, giving investors a peak into its turnaround effort and corporate tech spending. the holiday sales may be starting earlier than ever this year, but some retailers, they've seen investor sales hit their stock prices. kohl's and coach target different types of shoppers, but both suffered stock drops. coach fell 5.3%. coach's business has been helped by its stores in china. a new set of communist leaders are expected to be announced in china in the coming days. meantime, kohl's fell 5.1%, despite better than expected quarterly results. it's holiday forecast was a little shy of expectations.
interesting. >> a lot of western technology firms build for instance disk drives in thailand. when thai experienced severe flooding those western companies got hit. what is attractive about thailand for long-term investors? >> it's mainly political to begin with. as you know they went through a lot of political turmoil. you had the red shirts, the yellow shirts, fighting on the streets of bangkok and so forth but they have a fufl foundation for political stability which is very good. and also they have a very diversified economy. >> we'll continue talking with mark mobius tomorrow, china's communist party selects a new set of leaders this week. we will talk about how this change in power could impact china's economic relationship with america, and american investors. >> reporter: i'm sylvia hall in washington- still ahead, u.s. borrowers owe more than $1 trillion in student loan debt. so could helping them pay it down be a $1 trillion industry? i'll introduce you to some entrepreneurs who think so. >> susie: besides the fiscal cliff, investors and traders on wall street were talking abo
. you walk into a conventional mattress store, it's really not about you. we have so much technology in our store to really show the customers what's going on with their bodies. you can see a little more pressure in the shoulders and in the hips. ... now you can feel what happens as we raise your sleep number setting and allow the bed to contour to your individual shape. oh, wow. that feels really good. at sleep number we've created a collection of innovations dedicated to individualizing your comfort. the sleep number collection, designed around the innovative sleep number bed - a bed with dualair technology that allows you to adjust to the exact comfort your body needs. each of your bodies. so whatever you feel like, sleep number's going to provide it for you. during the final days of our semi-annual sleep sale, save $500 on our classic series special edition bed set plus special financing on selected beds but hurry sale ends sunday. you'll only find the innovative sleep number bed at one of our 400 stores, where queen mattresses start at just $699. >>> a deal on the fiscal cliff i
pressures and the uncertainties, and also other technology companies really did not have very good quarters as well. i thought the company did a very good job on execution, on cross control and market share gains. the fact that this company is grow revenues at 5.5% while its peers saw revenues decline 4.3% in the same time period, it really speaks to the market share gains that they're seeing and that the clear highlights to me were service provider video, retireless and data center all growing double digits nicely. >> kelly and i were talking about this earlier. cisco seems to sort of outperform -- seems to be an outliar. does well when others aren't and doesn't do well when others are. i'm wondering is that actually the case? because that's the appearance. and indeed whether we can take anything for the sector from this. >> i think the one thing that if you want to take away from cisco's quarter is that the u.s. enterprise for cisco grew 9%, versus 5% last quarter. that's the second quarter in a row where you saw acceleration. and this is a leading indicator for its broader businesses. th
groups, technology is probably best positioned under this new environment because, technology shares, technology companies, typically aren't very heavily regulated. so we don't expect any new increased regulation on tech shares. and among the 10 economic sector groups, technology companies have the lowest dividend yields. so that any increase in the dividend tax will impair them less than their couper parts. i think the only area where we could see tech companies stung would be if president obama's plan to tax foreign profits comes back to haunt the group because keep in mind, companies like microsoft and apple pay on average six or 7% in taxes. not 35 that the corporate tax rate is, largely due to the foreign posts. we'll have to see if president obama's going to go after those foreign profits. ashley: talking about dividend tax, what about muni bond? is that a good way to play that segment of the market? >> we think so. if tax, if tax rates are going up and the tax rates appear to be going up to the 36 or 39.6, then municipal bonds, those that offer tax exemption will be incrementa
of the information technology boom, creation of private credit and, therefore, rapid increase in tax revenues. and so what stephanie showed, this was something that was not forecast at the time. at the time those who were there in 2000 remember that the secretary of the treasury at the time was -- and the chairman of the federal reserve -- were talking about a 13-year horizon for the complete elimination of the public debt. and the congressional budget office was not forecasting that the information technology boom was an aberration that would come to an end, but it did. and from 2000 forward we were back into the much more normal position of the united states government running substantial budget deficits. and as the private sector rebuilt its financial position. so that's the first point is that long-term forecasts, the idea that one can control the future position of the debt and the deficit by actions taken today is an extremely tenuous and debatable idea. second point is that there are certain assumptions being made which create extremely ostensibly scary scenarios. those numbers that show and,
in conventional energy. technology also driving growth here in the united states. i don't see the ingredients, which i did in 2007. bill, you could back me up on this. for a major decline. i would be far more bullish. we're going to have a 5% or 10% correction around here. i think the fundamentals for the u.s. are quite positive in absolute and relative terms. i don't see us going back to 6,000. >> harry, i mean, we would have to see a disintegration of the european union, the eurozone, to have that kinds of impact on the u.s. economy. is that what you're calling for? >> it's more than that. even the u.s. economy alone is two economies right now. 80% of people never feel we came out of the recession because they peaked in their spending. their house is under water. 20% of people are college educated. very low unemployment rates. they benefitted from qe and the markets rising back. they peak in their 50s instead of mid-40s. the wealthier part of our economy is due to tailor off. the demographics in europe just go off a cliff for many, many years to come. yes, you can have nice little things in
Search Results 0 to 49 of about 176 (some duplicates have been removed)